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EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2011
EARNINGS (LOSS) PER SHARE
NOTE 7 - EARNINGS (LOSS) PER SHARE

Diluted loss per share was the same as basic loss per share for the nine months ended September 30, 2011 and the three and nine months ended September 30, 2010 because all outstanding stock option awards were anti-dilutive.

At September 30, 2011, options to purchase 940,000 shares of common stock at a weighted average exercise price of $9.75 per share were outstanding but were not included in the computation of diluted earnings per share for the three months ended September 30, 2011, as the options’ exercise price was greater than the average market price of the common shares.